Nigeria’s independent oil and gas company Seplat Petroleum has achieved a strong quarterly financial performance, with Q1 2018 revenue reaching US$181mn and gross profit US$93mn (51 per cent gross profit margin)
Downstream
Weir to deliver greater uptime and extended equipment life in global oil and gas industry
Weir Oil & Gas has introduced Weir Edge, its newly-branded aftermarket services programme, at OTC 2018, running in Houston from 30 April – 3 May 2018
Commentary: Congo and OPEC: A marriage of mutual need
The Republic of the Congo has suffered dearly during the oil collapse; and Congolese President Denis Nguesso has pledged that the country would no longer be sitting on the side lines — suffering the effects of global decision-making in the oil industry without a voice, writes By NJ Ayuk (CEO) Centurion Law Firm
McDermott to self-perform diving scope for SAPREF oil refinery in South Africa
McDermott International has announced to self-perform air and saturation diving on two major oil and gas projects in Africa, the Americas and Europe region
UAE Divisions of Scottish firms sign MoU for MENA oil and gas sector
Flowline Specialists FZE and Motive FZC, the UAE arms of Oldmeldrum-based Flowline Specialists and Banff-headquartered Motive Offshore Group, have MoU agreement to collaborate on a number of projects in the Middle East and North Africa (MENA)